Retirement Advice- January 2012

By Author: Abbey smith
Total Articles: 362
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Retiring is something that most of us plan to do one day, but many of us don’t actually understand what we need to do to retire comfortably. Too many of us learn what they need to know about retirement when it’s actually too late and this can lead to running out of money when it’s needed the most.

Here is some useful retirement advice:-

* It’s never too early to start saving for your retirement.
* It’s also never too late!
* Although the current market is seen to be in bad shape, you need to take the risk if you want to receive a decent return.
* Many people think they can live on social security income although it is advised that seniors will not make ends meet on this alone.
* There are age requirements for making withdrawals from some retirement accounts, but there is no law stating you have to retire at a specific age. Health issues could cause you to retire early as well as financial problems could require you to work longer.

You can normally choose when to start taking your retirement income from your pension anytime from the age of 55.

Once ...
... taken your tax free cash entitlement from the pension fund, the remainder of the fund can be used to buy an annuity which will pay you a secure retirement income for the rest of your life.

When looking at the right retirement advice/choices for your personal circumstances, it is important you receive an excellent quality of service for your enquiry to be passed to top financial advisors. At rightannuity.co.uk, you will receive independent financial advice for your particular circumstances. All quotes are free without any obligation to buy. All quotes will be made for you, making sure that all companies receive the best deal just for you. You will have one advisor that will work with you during the whole process and if/when you decide to buy the product through them, all paperwork is taken care for you.

It is important for your piece of mind to get the right retirement advice and handled in a very professional manner. If you want to find the best Annuity rates it can be very confusing as there are so many annuity providers so speak to an independant financial advisor today.